I would invest in ETF's all day over investing out of state without a property manager and on properties that need rehab.

@Bruce Lynn, while I am guessing because I don't know "most" large multifamily, I would say it is very much manager dependent and likely to become more common place as many syndicators are struggling to make their mortgage payments.Ownership companies are still run by people, and people that don't have enough money to pay their bills will start prioritizing who to pay based on the perceived risks of not paying.As for taking over any outstanding bills, that is one of many issues of the common LLC transfer.  

Managing the rehab if it’s fix and flip.

How do you keep the management straightened out to execute your cash out strategy?

If you are focusing on cash flow and only looking at deals virtually, you are likely going to get a dawg that looks like a poodle and turns out to be a yappy pomeranian who needs a lot of trips to the groomer.Have you managed apartments before?

Some would be used to create my own deals, but on a scale that professional management can be utilized.

Mostly by securing the financing and managing the project, I was able to meet all of my deadlines.

@Tianbo Li  property managers dont usually have time to takk to folks that have not yet acquired property but feel free to DM me.Each And every Section 8 office is run differently.

Just finished my major in Business Management and am receiving my Management and Supervision certificate this summer.I've been studying real estate for a few years now, have watched tons of videos, calculated and ran numbers on numerous properties and listings, and talked with many lenders and real estate agents, but because I don't have anyone in my circle that's well-experienced in REI's I've hesitated to pull the trigger on anything.I'm looking to fix and flip, BRRR, LTR, MTR, STR, or multi-family.

Our efficient project management ensured the renovations were completed on time and within budget.